BIN 0.31% $3.23 bingo industries limited

Whining part was with the time it's only been 2 trading days....

  1. 192 Posts.
    lightbulb Created with Sketch. 39
    Whining part was with the time it's only been 2 trading days. When management has given an years time for buy back they clearly stated their intention that it's gonna be a grinding process for shorts and EPS accretive for longs
    i believe except for a day or a week trader all others who lapped on the shares should come to terms that buy back is a medium to long-term process

    else they could have done a off market one with a set price
    bcoz off market BB has a disadvantage once the buy back is finished the shorters will attack the stock again. In our case they will think twice coz of the longevity of the BB process
    AIMO
    DYOR
    SS
 
watchlist Created with Sketch. Add BIN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.